On the afternoon of October 10, 2025, the Information Office of the Shandong Provincial People's Government convened a regular policy briefing in Haiyang, Yantai. The purpose was to elaborate on the "Several Measures to Expedite the High-Quality Development of Shandong's Commercial Space Industry." According to these measures, Shandong is set to achieve several milestones by 2027. It aims to develop a suite of cutting-edge technologies and products that lead the nation, initially establish a fully integrated commercial space industry chain, and attain the production capacity of 100 carrier rockets and 150 commercial satellites per year. Moreover, the province aspires to grow its commercial space industry to a scale of 50 billion yuan. Through these efforts, Shandong is poised to emerge as a nationally influential hub for the high-quality development of the commercial space sector.